Green light from London council for £330m plan to build 1,250 homes July 16, 2024 Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group will turn the industrial land into a series of apartment blocks with a hectare of green space. It’s good news for London’s property sector, which [...]
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
With wage growth set to fall, the Bank of England should cut rates in August July 16, 2024 Wage growth remains stubbornly high despite the rise in unemployment and fall in hiring. However, this is not a signal for the Bank to hold off on cutting interest rates, Chris Dorrell argues
The Notebook: Say what you want about Trump, he did show presence of mind July 16, 2024 After last weekend's shooting, the US presidential election is now Trump's to lose, writes Michael Martins.
MicroStrategy announces 10-for-1 stock split following Bitcoin rally July 16, 2024 MicroStrategy, the largest corporate holder of Bitcoin, announced a 10 for 1 stock split on Thursday.
FTSE 100 today: London markets braces for caution ahead of UK inflation data July 16, 2024 Asian shares dip on China's slowdown, bitcoin rise; Asian currencies weaken against strong dollar. Eyes on Bank of America's earnings.
Budget cuts see profit slashed at production firm behind BBC’s The Responder July 15, 2024 The Freemantle-backed production company behind programmes including Channel 4's Big Mood and The Responder for the BBC has seen its profit slashed in half amid "budgetary pressures" on UK television channels, according to newly-filed documents.
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate July 15, 2024 Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
Burberry shares nosedive as sales collapse and firm cancels dividend July 15, 2024 Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.
Investment platforms urge ‘radical’ ISA reform to unlock £30bn in UK market July 15, 2024 The bosses of the largest investment platforms in the UK have called for a "radical" simplification of the ISA regime, arguing that reform could unlock £30bn to boost British equities.